Ocean Winds and Bord na Móna have launched an exclusive partnership to co-own, identify and develop offshore wind energy around the coast of Ireland, to support the country’s offshore wind target of 7GW by 2030.
The first two potential projects will be Réalt na Mara, off the coast of Dublin and Wicklow, and Celtic Horizon, off the coast of Wexford and Waterford, which total 2.3GW.
Ocean Winds is a 50-50 joint venture, owned by EDP Renewables and Engie, with 14 offshore wind farms in seven countries totalling 14.6GW, of which 1.5 GW is in operation.
So-called ‘semi state’ company Bord na Móna, set up in 1934, previously harvested peat but now has a ten-year ambition to invest over €1.6 billion in renewable energy infrastructure and generating assets.
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